ETF Versus

SPYG vs XLB

State Street SPDR Portfolio S&P 500 Growth ETF vs State Street Materials Select Sector SPDR ETF

Last updated: 2026-04-10

SPYG SPDR

State Street SPDR Portfolio S&P 500 Growth ETF (SPYG) is an exchange-traded fund issued by SPDR that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. It charges a very low expense ratio of 0.04%. The fund offers a modest dividend yield of 0.54%. Launched in 2000, the fund has a 26-year track record.

AUM: $44.2B ER: 0.04% Yield: 0.54% Since: Sep 25, 2000
XLB SPDR

State Street Materials Select Sector SPDR ETF (XLB) is an exchange-traded fund issued by SPDR that provides exposure to us sector - materials securities. It charges a low expense ratio of 0.08%. The fund offers a moderate dividend yield of 1.68%. Launched in 1998, the fund has a 28-year track record.

AUM: $7.0B ER: 0.08% Yield: 1.68% Since: Dec 16, 1998

Quick Verdict

SPYG has a slightly lower expense ratio (0.04% vs 0.08%), saving about $80 per $10,000 over 10 years. SPYG has edged ahead over the past year (36.0% vs 32.9%). Income investors may prefer XLB for its higher yield (1.7% vs 0.5%).

Key Metrics

Metric SPYG XLB
Expense Ratio 0.04% 0.08%
Dividend Yield 0.5% 1.7%
Fund Family SPDR SPDR
Category US Large Cap Growth US Sector - Materials

Performance Chart

Indexed to 100 at start (5-year comparison)

80 101 122 143 164 185 2021-04 2022-07 2023-10 2025-01 2026-04
SPYG +75.3%
XLB +29.3%

Performance Comparison

Period SPYG XLB Difference
1 Month +0.63% +4.22% -3.59%
3 Months -3.48% +7.06% -10.54%
6 Months -0.04% +17.75% -17.79%
YTD -2.09% +12.63% -14.72%
1 Year +35.95% +32.89% +3.06%
3 Years +88.56% +28.85% +59.71%
5 Years +75.34% +29.33% +46.01%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period SPYG Fees XLB Fees You Save
$10,000 10 years $80 $159 $80
$10,000 20 years $344 $686 $342
$10,000 30 years $1,112 $2,212 $1,100
$50,000 10 years $399 $797 $398
$50,000 30 years $5,560 $11,061 $5,501
$100,000 30 years $11,121 $22,123 $11,002

Risk Metrics

Based on 5 years of daily returns

Metric SPYG XLB
Annualized Volatility 21.1% 18.9%
Max Drawdown -33.1% -25.7%
Sharpe Ratio 0.43 0.13

Dividend Comparison

Metric SPYG XLB
Annual Dividend (per share) $0.56 $0.87
Dividend Yield 0.54% 1.68%
Distribution Frequency Quarterly Quarterly

Top Holdings

0 of top 9 holdings overlap (0% overlap in top holdings)

SPYG Top Holdings

NameWeight
NVIDIA CorporationNVDA14.49%
Microsoft CorporationMSFT9.10%
Apple Inc.AAPL6.22%
Broadcom Inc.AVGO5.44%
Alphabet Inc.GOOG4.82%
Meta Platforms, Inc.META4.39%
Amazon.com, Inc.AMZN3.75%
Berkshire Hathaway Inc.BRK.B2.88%
Eli Lilly and CompanyLLY2.47%

XLB Top Holdings

NameWeight
Linde plcLIN14.06%
Newmont CorporationNEM7.76%
Freeport-McMoRan Inc.FCX5.63%
CRH plcCRH4.72%
Vulcan Materials CompanyVMC4.68%
The Sherwin-Williams CompanySHW4.66%
Air Products and Chemicals, Inc.APD4.60%
Corteva, Inc.CTVA4.60%
Nucor CorporationNUE4.57%
Martin Marietta Materials, Inc.MLM4.50%

Which One Should You Choose?

Choose SPYG if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose SPYG if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Choose XLB if...

you prioritize dividend income and want higher regular distributions from your portfolio.

Related Comparisons